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Goldman Sachs sells 4.86% stake in Max Financial

The shares were sold at Rs 616.47 apiece for a total of Rs 801.4 crore

BS Reporter 

Goldman Sachs sells 4.86% stake in Max Financial

Xenok, a unit of Goldman Sachs, on Friday sold 13 million shares (4.86 per cent stake) in The shares were sold at Rs 616.47 apiece for a total of Rs 801.4 crore. According to bulk deal data provided by stock exchanges, Citigroup was among the buyers. The US-based bank picked up 1.74 million shares for Rs 107 crore. Shares of Max Financial closed at Rs 629.90, down Rs 20.85, or 3.2 per cent.       

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Goldman Sachs sells 4.86% stake in Max Financial

The shares were sold at Rs 616.47 apiece for a total of Rs 801.4 crore

The shares were sold at Rs 616.47 apiece for a total of Rs 801.4 crore Xenok, a unit of Goldman Sachs, on Friday sold 13 million shares (4.86 per cent stake) in The shares were sold at Rs 616.47 apiece for a total of Rs 801.4 crore. According to bulk deal data provided by stock exchanges, Citigroup was among the buyers. The US-based bank picked up 1.74 million shares for Rs 107 crore. Shares of Max Financial closed at Rs 629.90, down Rs 20.85, or 3.2 per cent.       
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Business Standard
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Goldman Sachs sells 4.86% stake in Max Financial

The shares were sold at Rs 616.47 apiece for a total of Rs 801.4 crore

Xenok, a unit of Goldman Sachs, on Friday sold 13 million shares (4.86 per cent stake) in The shares were sold at Rs 616.47 apiece for a total of Rs 801.4 crore. According to bulk deal data provided by stock exchanges, Citigroup was among the buyers. The US-based bank picked up 1.74 million shares for Rs 107 crore. Shares of Max Financial closed at Rs 629.90, down Rs 20.85, or 3.2 per cent.       

image
Business Standard
177 22